Qatar one of top 20 nations in terms of Sole Proprietorship in UK
(MENAFN) Qatar is one of the top 20 nations in terms of individual property ownership in the United Kingdom as well as is a major investor in international real estate. According to International Investments Managing Director Nadim Mansour, Qatari assets in the United Kingdom now total over pound40 billion, with real estate being the most popular kind of investment.
On the eve of the just finished Cityscape Qatar the current year, Mansour spoke with The Peninsula and said: “Qatar is one of the top 20 countries in terms of individual property ownership in the UK. London properties owned by Qataris increased approximately by 50 percent between 2018 and 2021. This demand is driven by a combination of strong structurally supportive market dynamics, stable UK economy and evolving services-focused product, as well as an expanding and more discerning occupier base”.
He also mentioned: “UK real estate markets appeal so much to the Qatari investors which is driven by several factors and is still intact even after the Brexit. The increasing number of Qatari investors in the UK are eyeing commercial properties. An overlap of different drivers provides a favourable investment environment – from strong student demand, large-scale city regeneration and development as well as strong employment conditions, and a lack of seniors housing units”.
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